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Aston Martin To Raise Over $162 Million Through F1 Team Stake Sale And Stroll’s Increased Investment
Aston Martin will raise over $162 million through the sale of its stake in the F1 team and funding from its chairman, Lawrence Stroll, to counter losses and President Donald Trump's tariffs.
Rob Bloom, Chief Marketing Officer, Aston Martin Aramco Formula One™ Team: "This collaboration with The Rolling Stones combines two British icons famed for passion and style. The activation ...
In fact, Aston said it was a sign that the team would be in F1 for “decades.” Billionaire Lawrence Stroll, who is chairman of Aston Martin and who controls its F1 team as a separate concern ...
Aston Martin is set to raise about $162 million via funding from the company’s chair, Lawrence Stroll, and the sale of the automaker’s stake in its Formula 1 team, which Stroll owns.
Luxury carmaker Aston Martin Lagonda said on Monday it planned to sell its minority stake in the Aston Martin Aramco Formula One team to help ... strategy out of the public spotlight," noted ...
Aston Martin is selling its stake in the Aston Martin Formula One team to focus on revitalizing its core automotive business, while team owner Lawrence Stroll has doubled down on his commitment ...
A buyer for the newly-available chunk of the F1 team has not been named. Aston Martin has also not disclosed just how much of the team that $95 million stake represents, although the size of the ...
It's a huge step forwards for the team." COO Ben Fitzgerald on the game-changing AMR Technology Campus and what it takes to get an F1 car on the track. ⬇️ — Aston Martin Aramco F1 Team ...
The Aston Martin brand will be in F1 for decades to come, team owner Lawrence Stroll said Monday after the sportscar maker announced the sale of its stake in the Silverstone-based outfit.
Aston Martin said Monday it planned to sell its minority stake its Formula One team to help turn around ... pursue a turnaround strategy out of the public spotlight,” noted Russ Mould ...
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